Smart Contracts using Blockchain
Benefits of Web 3.0
Are we moving through a revolution that will significantly change our lives?
Web 1.0 was all about building the basic technologies and ability to connect through the internet.
Web 2.0 was primarily controlled by organizations and corporations for their self-benefit.
Web 3.0 focuses on the human aspect, with emphasis towards privacy and against its control by the big organizations.
Smart Contracts will bring revolutionary changes to the way we do business right now, despite the current flaws and risks.
It's unique features, like immutability and distributed network system, make the system very lucrative for co-ops of SME's.
Although the whole system depends on trust between the parties concerned, the long list of benefits justify the costs of polishing the system and free it from all its flaws.
Click for more about smart contracts on a blockchain ledger.